INEQUALITY

BETWEEN
NATIONS
A LOST C AUSE?
ROWE’S 4 APPROACHES
TO POVERTY 2. INTEGRATION
1. SOCIALISATION

3. ISOLATION
4. REVOLUTION
SOCIALISATION
TO DEVELOP, THE DEPRIVED MUST
ACQUIRE THE VALUES AND BEHAVIOUR OF
THE PRIVILEGED
 MODERNIZATION THEORY
EG. ROSTOWS STAGES OF GROWTH
THE LEWIS MODEL
TO DEVELOP, NATIONS MUST
MODERNISE THEIR SOCIETIES
POORER SOCIETIES NEED TO EVOLVE AND
INTERNAL FACTORS DETERMINE
DEVELOPMENT
A CIVILISING MISSION
 AMERICAN
HEGEMONY
T HE E ND OF TH E CO LD W AR…

LIBERALISATION
THE APPLICATION OF LIBERAL FREE MARKET
POLICIES ON A GLOBAL SCALE WILL LEAD TO
GROWTH, DEVELOPMENT, PEACE AND
PROSPERITY.
GLOBALISATION OF THE
WORLD ECONOMY
FREE TRADE
OPEN MARKETS
ENHANCED CAPITAL, RESOURCE AND
INFORMATIONAL MOBILITY
MORE PRIVATISATION
LESS REGULATION
HAS GLOBALISATION
LEAD TO A GLOBAL
ECONOMIC
CONVERGENCE?
A COMPARISON
OF DEVELOPED
AND EMERGING
MARKET GLOBAL
GDP SHARE’S
SINCE 1990
SUGGESTS THAT
THERE HAS BEEN
A GLOBAL
ECONOMIC
CONVERGENCE
OVER THE LAST
TWO DECADES
TO AN EXTENT
GLOBALISATION HAS ADRESSED
GLOBAL ECONOMIC INEQUALITY
HOWEVER…
THE POOREST
COUNTRIES
ARE ACTUALLY
GETTING
POORER.
THE POOREST
MEMBERS OF
THE GLOBAL
POPULATION
HAVE NOT
BENEFITED FROM
GLOBALISATION
ZERO SUM GAME
IS THERE A LINK
BETWEEN ECONOMIC
LIBERALISATION AND
INEQUALITY?
 STRUCTURALISM
DEPENDENCY THEORY AND WORLD
SYSTEMS THEORY
CAPITALIST CORE CLASS DOMINATES AND EXPLOITS
THE PERIPHERAL PROLETARIAT
THE NATURE OF THE GLOBAL CAPITALIST SYSTEM
MAKES GLOBAL INEQUALITY INEVITABLE
POOR COUNTRIES ARE OFTEN CRITICISED FOR BEING THE MOST UNEQUAL

SO YOU MIGHT BE SURPRISED TO LEARN THAT THE TWO MOST UNEQUAL

NATIONS ARE…
SINCE THE ADVENT OF GLOBALISATION, GLOBAL INEQUALITY
WITHIN NATIONS HAS ALSO BEEN ON THE RISE
 GREAT
BRITAIN AND
THE UNITED
STATES
ALSO HAPPEN TO
BE GLOBAL
CHEERLEADERS
FOR FREE TRADE
CAPITALISM
 AMERICAN
HEGEMONY
T HE E ND OF TH E CO LD W AR…

THE ENTIRE WORLD IS

INTEGRATED INTO THE GLOBAL
CAPITALIST SYSTEM
BRANKO MILANOVIC
“BASED ON THE ASSUMPTION THAT
KNOWLEDGE AND POWER INTERACT,
THEN GLOBAL INEQUALITY CANNOT BE
SEPARATED FROM THE WORLD ORDER’’
MULTILATERAL
INTERNATIONAL
INSTITUTIONS LIKE
THE UN HAVE GIVEN
US A SENSE OF
GLOBAL
COMMUNITY.
HOWEVER THEY ARE
ALSO SUBJECT TO
POLITICAL
PRESSURE.
PERHAPS, THEY ARE
FACILITATING
GLOBAL INEQUALITY
BY REINFORCING
THE NARRATIVE OF
THE NEOLIBERAL
ELITE.
INEQUALITY IS A
POLITICAL CHOICE.
GLOBAL ECONOMIC
INEQUALITY REQUIRES
A GLOBAL
RESOLUTION.
INTEGRATION AND ISOLATION
REVOLUTION?
C0NCLUSIONS